Calidus Resources has bought out the royalty attached to the tenements covering most of the ore reserves at its developing Warrawoona gold project in WA’s East Pilbara region. The company will issue 4 million Calidus shares to the vendors and says removing the net smelter return royalty tied to the project will free up more cash flow during the early years of gold production at Warrawoona.
01/12/2020 - 13:52
Calidus buys out royalty over Warrawoona gold project
By Matt Birney
01/12/2020 - 13:52
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Calidus ResourcesClosing price for the last 90 trading daysPowered by Morningstar ®
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Rank Company Revenue 38th Calima Energy $85.8m 39th Calidus Resources $80.5m 41st Leo Lithium $77.7m 42nd Genesis Minerals $77.0m 605 listed resources wa companies ranked by revenue.
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